Three young entrepreneurs from Chile have invented the world's first "unstealable" bike, CNN reports.

The theft of two bikes from one of the inventors pushed the former engineering students from to tackle the exasperating crime. They have created a frame that is dismantled and reconnected to make a lock, all in just 10 seconds, according to its creators.

Fitted on a stylish steel frame, the bike's aluminum downtube splits in two to allow the seat tube to form a steadfast lock around any tree, pole or bike rack. The only way to take it would be to saw through it, making the bike useless.

After designing a successful prototype, Cristóbal Cabello, 22, Andrés Roi Eggers, 23 and Juan José Monsalve, 24 left their university course to throw themselves full time into the project. An investment of $100,000 from a state enterprise fund fueled the product's research and development, but they turned to crowdfunding website Indiegogo to sell their first batch of the bikes, known as Yerkas.

"We chose crowdfunding because it's the easiest way to make the product go worldwide," Cabello, the start-up's CEO said, according to CNN.